Past 2 days were the exact investing reminder I needed (and why I hardly trade 🤑)
Context: after getting it somewhat right for 4 days, I gained “confidence” I could predict where the market would go, taking on aggressive bear / bull positions. 📈📈📉📉 $Direxion Daily S&P 500 Bear 3X Shares ETF (SPXS.US)$ $Direxion Daily FTSE China Bear 3X Shares ETF (YANG.US)$ $Direxion Daily Semiconductor Bear 3x Shares ETF (SOXS.US)$
Recognising my hubris trap ⚠️, or “precedence fal...
Context: after getting it somewhat right for 4 days, I gained “confidence” I could predict where the market would go, taking on aggressive bear / bull positions. 📈📈📉📉 $Direxion Daily S&P 500 Bear 3X Shares ETF (SPXS.US)$ $Direxion Daily FTSE China Bear 3X Shares ETF (YANG.US)$ $Direxion Daily Semiconductor Bear 3x Shares ETF (SOXS.US)$
Recognising my hubris trap ⚠️, or “precedence fal...
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TLDR - tried a thing, did not work 😢
Context: Moomoo’s Papertrading ends 3 Oct, which meant I had to maintain 1st place for 4 more days (at start of Fri).
Logic: I observed the leaderboard & fluctuation patterns, noting the table toppers were mostly long China.
However on Tue, we had a sizeable correction (5-8%) post-Mon rush (which in fact, caused much grief in our competitors’ Whatsapp chat 😂)
Action: With my slim 2% lead, I unloaded all positions & my i...
Context: Moomoo’s Papertrading ends 3 Oct, which meant I had to maintain 1st place for 4 more days (at start of Fri).
Logic: I observed the leaderboard & fluctuation patterns, noting the table toppers were mostly long China.
However on Tue, we had a sizeable correction (5-8%) post-Mon rush (which in fact, caused much grief in our competitors’ Whatsapp chat 😂)
Action: With my slim 2% lead, I unloaded all positions & my i...
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🚇❌ extra 30 mins travel means got time to post!
📈 Stocks traded: $Micron Technology (MU.US)$ + China stocks $PDD Holdings (PDD.US)$ $Alibaba (BABA.US)$
🔄 Frequency: >15 trx, in and out
Reasoning 🤔:
(1) Gamble on Micron 💻 paid off; decided to take profit 💰 given market exurberance after rate-cut
(2) Lots of volality around chinese stocks - but there’s a FOMO cost for me, what if it moons? 🌝 so I set conservative price targets and skimmed top & bottom ↕️
Result 🔖:
Day 3 e...
📈 Stocks traded: $Micron Technology (MU.US)$ + China stocks $PDD Holdings (PDD.US)$ $Alibaba (BABA.US)$
🔄 Frequency: >15 trx, in and out
Reasoning 🤔:
(1) Gamble on Micron 💻 paid off; decided to take profit 💰 given market exurberance after rate-cut
(2) Lots of volality around chinese stocks - but there’s a FOMO cost for me, what if it moons? 🌝 so I set conservative price targets and skimmed top & bottom ↕️
Result 🔖:
Day 3 e...
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Using this space to share the method to the madness ✨ Comment below!
🚇❌ MRT breakdown means more time to post!
📈 Stocks picked: $Micron Technology (MU.US)$ $NVIDIA (NVDA.US)$ PDD
Reasoning: After a successful sell-out of my Chinese stocks, plunged into PDD again to bottomfish 🐟 They remain undervalued post last months’ collapse 🌋
Strategic gamble on $Micron Technology (MU.US)$ due to impending results looks like it will pay off!
Pre-market up 15%! Will it soar furthe...
🚇❌ MRT breakdown means more time to post!
📈 Stocks picked: $Micron Technology (MU.US)$ $NVIDIA (NVDA.US)$ PDD
Reasoning: After a successful sell-out of my Chinese stocks, plunged into PDD again to bottomfish 🐟 They remain undervalued post last months’ collapse 🌋
Strategic gamble on $Micron Technology (MU.US)$ due to impending results looks like it will pay off!
Pre-market up 15%! Will it soar furthe...
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Using this space to share my method to the madness ✨ Comment below!
📈 Stocks picked: $PDD Holdings (PDD.US)$ $Alibaba (BABA.US)$ $NIO Inc (NIO.US)$
🧠 Reasoning: China’s stimulus was an adrenaline shot in the arm 💉 After months of depressed prices, there was bound to be a market reaction / hedgefund shorters closing positions 👋🏻
However, I theorized the run wouldn’t last, given limited global confidence + general bearish environment in China 🇨🇳 Hence, opted to pla...
📈 Stocks picked: $PDD Holdings (PDD.US)$ $Alibaba (BABA.US)$ $NIO Inc (NIO.US)$
🧠 Reasoning: China’s stimulus was an adrenaline shot in the arm 💉 After months of depressed prices, there was bound to be a market reaction / hedgefund shorters closing positions 👋🏻
However, I theorized the run wouldn’t last, given limited global confidence + general bearish environment in China 🇨🇳 Hence, opted to pla...
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As day 2 of Moomoo Money Master kicks off, imposter syndrome is hitting hard! Am I even qualified to be here? 😂
I’ve got zero experience in trading - all these technical charts / graphs meaning zilch to me 🤡
Anyway best foot forward - gonna try to pick some winners and hopefully they pop this week. Let's take it a day at a time! 💪💪💪
#huatah
I’ve got zero experience in trading - all these technical charts / graphs meaning zilch to me 🤡
Anyway best foot forward - gonna try to pick some winners and hopefully they pop this week. Let's take it a day at a time! 💪💪💪
#huatah
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